This paper discusses the German asset management sector and an analysis of certain key aspects of the regulatory and supervisory regime. Germany has a large and diverse asset management sector to which it applies a strong and comprehensive regulatory framework. The sector is the third-largest in...

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Ireland in the areas of asset management and financial stability. Most of the potential avenues for domestic financial instability from Irish-domiciled money market funds and...

This Technical Note presents an assessment of Regulation, Supervision and Systemic Risk Monitoring in New Zealand. The overall regulatory framework for asset management is well developed, but would benefit from some enhancements to prevent the buildup of risks. The provision of custody services...

This Technical Note analyzes and quantifies the effect of aging in Japan-both at the national and regional levels-on the nature of financial intermediation. Mounting demographic headwinds constitute a major challenge for regional financial institutions in Japan. According to prefectural...

In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and Lithuania, have transformed themselves into fully functioning, small open-market economies that will be joining the European Union. Capital Markets and Financial Intermediation in The Baltics analyzes the...